Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 37.91

-1.4%

Nov 11 3:59 PM EST

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To: William Hunt who wrote (26137)	5/30/2000 5:37:00 PM
From: Sonny McWilliams	of 27012

Bill. Yes. There may be more rate hikes but I guess the hope is that there is light at the end of the tunnel. About those buys today. Yes, it was supposedly short squeeze and the retail buyer. But maybe the retail buyer is buying for the long term and some of these prices look good. There is still a lot of cash sitting on the side lines. Some money was pulled out of Mutual Funds lately. Who knows, maybe retail buyers are deciding to invest more of their own money instead of having it sitting in cash in Mutual Funds. It looks like this was the case today. I am pretty sure the markets will be volatile for some time to come. Hopefully it will be 2 steps forward and only 1 step backwards for a while. I guess it would be too bullish to hope for straight up. gg. At this point I take every little crumb that is thrown my way, on the upside. Let's hope it will not go the other way again. Umm. There seems to be more buying going on in after hours. At least we know that techs will be leading us out of this mess evtl. A lot of buying in these stocks today. Inflation. Oh yes. The market turned to the downside around 2 pm when Joe Kernan dramatically announced that one of these furniture cos. announced lower earnings due to less demand from buyers and some higher prices for wood? But it was shrugged off, the market recovered and went on to the NAZ's biggest percentage gain ever. Second in point gain. Sonny PS. I guess you still own WCOM? dailynews.yahoo.com

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